Economic Systems
Interactive Video
•
Social Studies
•
9th - 12th Grade
•
Practice Problem
•
Easy
Mario Sanchez
Used 2+ times
FREE Resource
20 questions
Show all answers
1.
SLIDE QUESTION
30 sec • Ungraded
2.
CATEGORIZE QUESTION
20 mins • 1 pt
Economic Systems
Match the description to their perspective economic system
Groups:
(a) Traditional
,
(b) Market
,
(c) Command
,
(d) Mixed
Central planning
Subsistence farming
Government price controls
Regulated pricing
Supply and demand
Barter (exchange) economy
Free market
Public-private partnerships
Market competition
3.
SLIDE QUESTION
30 sec • Ungraded
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is an economic system?
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5.
SLIDE QUESTION
30 sec • Ungraded
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of the following are characteristics of a traditional economic system?
Barter economy
Uses money
Goods and services are traded for other goods and services
Government owns all resources
7.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain how a community's customs and history would determine what people do for work and what goods they create.
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